Acquisitions and Divestitures News in Egypt
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3/30/2021 - Pharos is pleased to announce that it has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment
of the fiscal terms of its El Fayum Concess... |
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3/9/2021 - Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egy... |
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3/9/2021 - The Egyptian Minister of Petroleum and Mineral Resources, H.E. Eng. Tarek El Molla, has approved a deed of assignment agreement signed between Wintershall Dea, Cheiron and INA to jointly explore the E... |
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1/11/2021 - Zenith Energy Ltd. ("Zenith") (ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has entered into a ... |
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1/4/2021 - An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement... |
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10/25/2020 - Dana Gas PJSC has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy Group (“IPR”) for the sale of its onshore Egyptian producing oil and gas assets for a cons... |
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7/14/2020 - SDX Energy Plc (SDX) announces that it has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian... |
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7/9/2020 - Noble Energy, Inc. (NBL) (“Noble Energy”) provided an update on multiple fronts, including second quarter sales volumes and cost performance. Second Qua... |
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2/28/2020 - Rockhopper Exploration plc, the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that following satisfaction of the requisite condi... |
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2/26/2020 - Royal Dutch Shell’s onshore Egyptian oil and gas assets have drawn interest from American, Egyptian, Asian and Middle East bidders, two sources familiar with the matter told Reuters. ... |
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2/20/2020 - United Oil & Gas Plc (UOG) is pleased to announce the satisfaction of the regulatory conditions attached to its proposed acquisition (Acquisition) of Rockhopper Egypt Pty Ltd., which holds a 22% inter... |
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2/12/2020 - Neptune Energy signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal Offshore Concession, underlining the company’s commitment to... |
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2/10/2020 - Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block. The block is located to the west of Wintershall Dea’s Disouq d... |
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1/20/2020 - Petroleum Minister Tarek el Mulla signed nine agreements on oil and gas exploration in the Mediterranean and Western Desert with total investments of dollars 452.3 million. ... |
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12/30/2019 - ExxonMobil said it has secured more than 1.7 million acres for exploration offshore Egypt. ... |
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12/29/2019 - Minister of Oil and Mineral Wealth Tarek el Mulla announced that three companies have won the first international bid launched by South Valley Egyptian Petroleum Holding Company (GANOPE) in March for ... |
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12/24/2019 - Zarubezhneft JSC, the Ministry of Oil and Mineral Resources of Egypt, the Egyptian state holding oil company GANOPE and Pacific Oil Limited, have signed a Production Sharing Agreement for the South Ea... |
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11/19/2019 - Nostra Terra (NTOG) is pleased to announce that, further to the Company's announcement of 12 August 2019, Nostra Terra's wholly owned subsidiary, Nostra Terra Inc. (NTI) has reached a conditional agre... |
| 11/15/2019 - Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. ... |
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11/3/2019 - A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said. Texas-based Noble Energy, Israel’... |
